Industry News

Bemis Company Reports Record Results for 2Q 2014

Gross profit as a percentage of net sales improved to 19.8% percent in the second quarter compared to 19.4 percent in the prior second quarter

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Bemis Company, Inc. reported record second quarter 2014 diluted earnings of $0.65 per share, compared to $0.51 per share for the same quarter of 2013. Net sales for the second quarter of 2014 totaled $1.2 billion. Excluding the impact of currency, acquisitions, and divestitures, net sales were consistent with the second quarter of 2013. “I am very pleased with our strong operating performance during the second quarter,” said Henry Theisen, Bemis Company’s chairman and CEO. “We achieved our hig...

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